I frequently postpone registering for various education programs for a variety of reasons and sometimes end up being too late. But there is still time to...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal June tax due dates Monday June 15, 2009 All Day (This event repeats...
JacobsReport@yahoogro...
Jun 8, 2009 5:03 am
698
The IRS is making a really BIG deal out of the annual report on disclosing foreign financial accounts. Form TD F 90-22.1 is available at the IRS web site at...
QUESTION: I'm a California-licensed CPA currently living in Singapore. I have a small practice--primarily providing consulting advice and accounting services...
QUESTION: Could you describe in a general way the tax and reporting implications for the companies and owners in the following situation? A closely held US...
The second installment of 2009 estimated taxes is due on Monday, June 15th for individuals, corporations, estates and taxable trusts. It seems that many...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal File Form TD F 90.22.1 Tuesday June 30, 2009 12:00 am - 1:00 am (This...
JacobsReport@yahoogro...
Jun 16, 2009 5:02 am
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QUESTION: The footnote to your email states: ".... any written tax advice contained herein cannot be used by any taxpayer for the purpose of avoiding certain...
QUESTION: In your latest newsletter, you included link to IRS site on expatriation, which left me with following questions: 1.) I understand that there now...
QUESTION: While I was on your Yahoo site I happened upon this question regarding disregarded entity. I am curious as to what part of your response, (if any)...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal File Form TD F 90.22.1 Tuesday June 30, 2009 12:00 am - 1:00 am (This...
JacobsReport@yahoogro...
Jun 23, 2009 5:03 am
708
Jeffrey Verdon is an asset protection and estate tax attorney who has been a helpful advisor to Offshore Press and myself since about 1993. He will be a...
QUESTION: Is it true that Panamanian Corporations (SA) are Per Se corporations under US rules and cannot make a Form 8832 Election to be other than a foreign...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal July 31st Tax Returns Due Friday July 31, 2009 All Day (This event...
JacobsReport@yahoogro...
Jul 17, 2009 5:03 am
711
QUESTION: Taxpayer (a naturalized U.S. citizen) has a small bank account in the United Kingdom into which a small amount of U.K. social security income is...
NOTE: This is a response to the previous question about some U.K. dividend income on which taxes were incorrectly paid to the U.K. and not the U.S. The...
QUESTION: You have made frequent comments about expatriation as a way to avoid excessive US taxes and the regulations that control more and more of our daily...
QUESTION: Can I tranfer my EXISTING offshore stock/bond/hedge fund holdings to the new offshore PPLI policy (private placement variable life insurance) as...
COMMENT: I am not an accountant, but in common law there is a provision that the maker of any contract, provision, or rule has the burden to provide clear and...
QUESTION: Will adding my father as a 2% owner to my Nevis LLC impose an onerous tax filing burden on him? Thanks. REPLY: You did not say if your Nevis LLC is...
QUESTION: I have the following questions: 1. Generally, does or does not the US tax non-resident aliens on currency trade profits generated from a US...
QUESTION: I gather from your books that you regard a foreign trust as the most effective form of asset protection. But it seems to me that a foreign limited...
QUESTION: I am a U.S. citizen that has lived permanently in Finland for altogether about 16 years and successively the past 11. I recently formed a consulting...
QUESTION: I am a 100% owner of a CFC (a Singapore corporation) that is an ongoing commercial entity. Some of the income generated by the business activities is...
QUESTION: If a U.S. expatriate is a grantor of a foreign trust, and the trust has assets, presumably contributed by the grantor, the grantor would no longer...
QUESTION: You mentioned you were working on an article or book regarding the new expat tax rules. I have a long-time U.S. client who presented me with an...
QUESTION: After reading your article titled Offshore Criminal Amnesty 2009, I filed four years of federal form 5471 with Mr. Judge at the Offshore Unit in...
Reminder from: JacobsReport Yahoo! Group http://groups.yahoo.com/group/JacobsReport/cal Sept. 15th - Form 1120 Due Date Tuesday September 15, 2009 All Day ...